When looking for a currency with 100-fold potential, you can pay attention to the following six factors:
1-Market value consideration: Priority will be given to currencies with a market value of less than US$1 billion. Between US$50 million and US$500 million, it is the best choice to find coins with potential for growth.
2-Online time: Choose currencies that will be launched after the Bitcoin project is established in May 2021, especially projects that will be launched after October 2021. They will have more time to develop and solidify their foundation.
3-Historical performance: Currencies that fluctuate downward on a monthly basis and have not experienced a bull market are more worthy of attention. Such currencies have no historical baggage and are more likely to show strong upside potential in future bull markets.
4- Track status: Examine whether a currency is the leader of a certain track, which means it has a leading position and competitive advantage in this field.
5- Washing test: A currency that has experienced more than 700 days of washing but still survives shows its tenacity and market recognition.
6-Market capitalization ranking: Ranking outside the 100th place in the market capitalization ranking, such currencies have greater room for growth and opportunities in the bull market, and may achieve an increase of 20 to 50 times.
By following the above logic to find potential coins, you can more quickly and easily lock in coins with hundreds of times potential.